Home Loan Interest Rates, Fees & Charges

IIFL Home Loan offers attractive interest rates that ensure that your EMIs are affordable and stay light on your pocket during the loan tenure. At IIFL, we are transparent in our dealings and we do not believe in hidden charges that take customer by surprise.

Retrieval charges for original property documents in IIFL custody at the time of loan closure OR

more than 2 documents retrieved during tenor of loan

Rs 1000/- per instance for loans upto Rs 1 cr AND

Rs 2000/- per instance for loans > Rs 1 cr

Retrieval charges for Copies of loan /copies of property document in IIFL custody

Rs 500/- per instance

Charges for Statement Of Account / Amortization Schedule

Nil

Collection Visit Charges

Rs 500/- per instance

Issuance of FC statement

Rs 500/- (for 2 instances within 1 month)

Custodial Fee for property documents in closed loans

Rs 500/- Per month (post 60 Days from Loan Closure Date)

Prepayment Charges

Individual

For Full PrepaymentNil

For Part PrepaymentNil

Non Individual

Within 1st year of Last DisbursementAfter 1st year of Last disbursement

For Part PrepaymentWithin 1st year of Last Disbursement5%After 1st year of Last disbursement1%

For Full PrepaymentWithin 1st year of Last Disbursement5%After 1st year of Last disbursement3%

Note: *All charges, interest, tax, fee, GST and all other imposts, taxes, levies etc. as prescribed by any statutory/regulatory bodies from time to time shall be solely borne by the Borrower. The above mentioned charges, fees, GST etc areas on date of the Loan Agreement and other transaction documents and the charges above stated are subject to change from time to time.

Retrieval charges for original property documents in IIFL custody at the time of loan closure OR

more than 2 documents retrieved during tenor of loan

Rs 1000/- per instance for loans upto Rs 1 cr AND

Rs 2000/- per instance for loans > Rs 1 cr

Retrieval charges for Copies of loan /copies of property document in IIFL custody

Rs 500/- per instance

Charges for Statement Of Account / Amortization Schedule

Nil

Collection Visit Charges

Rs 500/- per instance

Issuance of FC statement

Rs 500/- (for 2 instances within 1 month)

Custodial Fee for property documents in closed loans

Rs 500/- Per month (post 60 Days from Loan Closure Date)

Prepayment Charges

Individual

For Full PrepaymentNil

For Part PrepaymentNil

Non Individual

Within 1st year of Last DisbursementAfter 1st year of Last disbursement

For Part PrepaymentWithin 1st year of Last Disbursement5%After 1st year of Last disbursement1%

For Full PrepaymentWithin 1st year of Last Disbursement5%After 1st year of Last disbursement3%

Note: *All charges, interest, tax, fee, GST and all other imposts, taxes, levies etc. as prescribed by any statutory/regulatory bodies from time to time shall be solely borne by the Borrower. The above mentioned charges, fees, GST etc areas on date of the Loan Agreement and other transaction documents and the charges above stated are subject to change from time to time.

Retrieval charges for original property documents in IIFL custody at the time of loan closure OR

more than 2 documents retrieved during tenor of loan

Rs 1000/- per instance for loans upto Rs 1 cr AND

Rs 2000/- per instance for loans > Rs 1 cr

Retrieval charges for Copies of loan /copies of property document in IIFL custody

Rs 500/- per instance

Charges for Statement Of Account / Amortization Schedule

Nil

Collection Visit Charges

Rs 500/- per instance

Issuance of FC statement

Rs 500/- (for 2 instances within 1 month)

Custodial Fee for property documents in closed loans

Rs 500/- Per month (post 60 Days from Loan Closure Date)

Prepayment Charges

Individual

For Full PrepaymentNil

For Part PrepaymentNil

Non Individual

Within 1st year of Last DisbursementAfter 1st year of Last disbursement

For Part PrepaymentWithin 1st year of Last Disbursement5%After 1st year of Last disbursement1%

For Full PrepaymentWithin 1st year of Last Disbursement5%After 1st year of Last disbursement3%

Note: *All charges, interest, tax, fee, GST and all other imposts, taxes, levies etc. as prescribed by any statutory/regulatory bodies from time to time shall be solely borne by the Borrower. The above mentioned charges, fees, GST etc areas on date of the Loan Agreement and other transaction documents and the charges above stated are subject to change from time to time.

Retrieval charges for original property documents in IIFL custody at the time of loan closure

OR more than 2 documents retrieved during tenor of loan

Rs 1000/- per instance for loans upto Rs 1 cr AND

Rs 2000/- per instance for loans > Rs 1 cr

Retrieval charges for Copies of loan /copies of property document in IIFL custody

Rs 500/- per instance

Charges for Statement Of Account / Amortization Schedule

Nil

Collection Visit Charges

Rs 500/- per instance

Issuance of FC statement

Rs 500/- (for 2 instances within 1 month)

Custodial Fee for property documents in closed loans

Rs 500/- Per month (post 60 Days from Loan Closure Date)

Prepayment Charges

Individual

For Full PrepaymentNil

For Part PrepaymentNil

Non Individual

Within 1st year of Last DisbursementAfter 1st year of Last disbursement

For Part PrepaymentWithin 1st year of Last Disbursement5%After 1st year of Last disbursement1%

For Full PrepaymentWithin 1st year of Last Disbursement5%After 1st year of Last disbursement3%

Note: *All charges, interest, tax, fee, GST and all other imposts, taxes, levies etc. as prescribed by any statutory/regulatory bodies from time to time shall be solely borne by the Borrower. The above mentioned charges, fees, GST etc areas on date of the Loan Agreement and other transaction documents and the charges above stated are subject to change from time to time.

Retrieval charges for original property documents in IIFL custody at the time of loan closure OR

more than 2 documents retrieved during tenor of loan

Rs 1000/- per instance for loans upto Rs 1 cr AND

Rs 2000/- per instance for loans > Rs 1 cr

Retrieval charges for Copies of loan /copies of property document in IIFL custody

Rs 500/- per instance

Charges for Statement Of Account / Amortization Schedule

Nil

Collection Visit Charges

Rs 500/- per instance

Issuance of FC statement

Rs 500/- (for 2 instances within 1 month)

Custodial Fee for property documents in closed loans

Rs 500/- Per month (post 60 Days from Loan Closure Date)

Prepayment Charges

Individual

For Full PrepaymentNil

For Part PrepaymentNil

Non Individual

Within 1st year of Last DisbursementAfter 1st year of Last disbursement

For Part PrepaymentWithin 1st year of Last Disbursement5%After 1st year of Last disbursement1%

For Full PrepaymentWithin 1st year of Last Disbursement5%After 1st year of Last disbursement3%

Note: *All charges, interest, tax, fee, GST and all other imposts, taxes, levies etc. as prescribed by any statutory/regulatory bodies from time to time shall be solely borne by the Borrower. The above mentioned charges, fees, GST etc areas on date of the Loan Agreement and other transaction documents and the charges above stated are subject to change from time to time.